Osborne Clarke advises on £80m acquisition of Flock by Admiral Group
Published on 16th February 2026
International legal practice Osborne Clarke has advised the shareholders of digital motor-fleet insurtech firm, Flock, on its all-cash acquisition by Admiral Group, one of the UK’s leading motor insurers, subject to regulatory approval. The transaction values the equity in Flock at £80m.
Following completion, Flock will become Admiral’s telemetry‑driven fleet insurance proposition, with its AI‑powered platform and specialist team forming a key part of Admiral’s commercial motor offering and enhancing the Group’s ability to price and manage fleet risk using real‑time driving data. Flock CEO Ed Leon Klinger will join Admiral Pioneer’s leadership team. The transaction is expected to complete in Q2 2026 and will be funded through Admiral’s existing resources and credit facilities.
Osborne Clarke has supported Flock since 2017, when it emerged from Ordnance Survey’s Geovation Accelerator Programme. The firm has advised on its full growth journey from “pay-as-you-fly” drone insurance into real-time insurance for commercial motor fleets.
Osborne Clarke also advised Flock on its £2.25 million seed round led by Anthemis, its $17 million Series A led by Social Capital, and its $38 million Series B led by Octopus Ventures, and has continued to advise the company on ongoing corporate, incentives, commercial, employment and regulatory matters.
“I cannot express how fortunate I have been to work with James Taylor, and the entire OC team, for the best part of a decade. I regard James not simply as external counsel, but as a critical member of my own team. He has supported me through some of the most challenging, complex and consequential moments in Flock’s history, providing expert judgement and calm leadership when it mattered most. What differentiates James and the OC team is not only technical strength, but commercial instinct and judgement under pressure. James knows when to push and when to hold ground, and was trusted by my counterparties and advisers alike. He anticipates issues before they arise and addresses them in a pragmatic, proportionate manner. I value his opinion deeply across legal, commercial and strategic matters, and I would recommend him without hesitation to anyone facing high-stakes or complex transactions. ”
“We've been working with Flock for nearly a decade, supporting the business since its start-up phase. Being able to advise Ed, Antton and the rest of the team through the journey, across multiple funding rounds, and now on this strategically significant transaction with Admiral has been a true pleasure. Flock is a strong example of how UK insurtech companies can use data and technology to make roads safer and build the future of the insurance and financial services industry.”
The cross-practice Osborne Clarke team advising the client was led by partner James Taylor (Corporate), supported by senior associate Adam Turner (Corporate) and associate Jad Soubra (Corporate). The core team were supported by partner Anika Chandra (Incentives), senior associate Natalie Paddock (Incentives), partner Mathew Oliver (Tax), senior associate Anna Reynolds (Tax), and legal director Clare Burman (Regulatory).
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